CODE OF VIRGINIA

DEFINITIONS (§ 51.1-617)

As used in this chapter, unless the context requires a different
meaning:”Board” means the Board of Trustees of the Virginia
Retirement System.”Eligible employee” means any turnaround
specialist or member of the middle school teacher corps providing services for a
participating public school division pursuant to subsections F and G of §
22.1-199.1.”Participating employer” means any local public school
board that offers and pays the costs of improved retirement benefits as
described in subsections F and G of § 22.1-199.1.”Plan” means the
defined contribution plan established pursuant to this chapter and the
provisions of § 401 (a) of the Internal Revenue Code of 1986, as
amended.”Qualified participant” means an eligible employee of a
participating employer.

HISTORY: 2004, c. 436.